First Republic Bank Shares Slump 18% Following Downgrade from S&P
In an attempt to save First Republic Bank, a number of mainstream banking giants have decided to come to the bank’s aid with a total deposit of $30 billion.
Financial Supervisory Commission to Head Crypto Regulation in Taiwan
Speaking to the parliament, Chairman Huang pointed out that the Financial Supervisory Commission was working on a crypto regulatory framework.
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UBS & Credit Suisse Shares Sink Following Bailout Deal
UBS and Credit Suisse both saw their shares spiral after the former agreed to an emergency rescue of the latter.
Hong Kong to Become New Crypto Hub
The special administrative unit in Hong Kong is also contemplating a way to introduce a compulsory licensing regime for stablecoin issuers as early as this year.
FTX 2.0: New York-Based Investment Firm in Talks with Potential Buyers of Defunct Exchange
FTX may yet have a chance to establish itself as a force to reckon with in the crypto space.
Virgin Orbit May File for Bankruptcy if Capital Raise Fails
As a company, Virgin Orbit has a very definitive goal, and that’s to deliver small commercial satellites to Earth’s orbit.
Palantir Technologies Inc.
Palantir Technologies offers software applications...
Rivian Automotive Inc.
Rivian is an electric vehicle manufacturer that wo...
Hacker of Euler Finance Sends 100 ETH to a North Korean Address
As per blockchain intelligence firm Chainalysis, Euler Finance transferred a total of 100 ETH to an address having links to North Korea.
General Bytes Loses Over $1.5M to Crypto Hack
The ATM maker shuttered its cloud services to limit further compromise of sensitive user information.
FDIC Announces Sale of Signature Bank Assets to New York Community Bancorp
FDIC said that the deal between Signature and Flagstar would cost the Deposit Insurance Fund an estimated $2.5 billion.